Armani’s Michelin-starred café debuts at Jio World Plaza in Mumbai Reliance Retail has launched the premium café concept Armani/Caffe in India, debuting at Jio World Plaza, Mumbai. Partnering with Italian luxury fashion house Giorgio Armani, the 52-seater café serves a selection of classic Italian dishes, premium coffee and an extensive wine menu. Reliance, known for […]
Isha Ambani, the Non-executive Director and head of Reliance Retail shared that the company plans to provide a curated design-led experience in the luxury segment
The joint venture, Clarks Reliance Footwear, operated 32 exclusive Clarks-branded stores across major Indian cities, including New Delhi, Mumbai, Bengaluru, Lucknow, Hyderabad, and Chennai
ITC’s B Natural in collaboration with Reliance Retail introduced a new initiative called ‘Main Bhi Kisaan’ (I am a farmer) on Thursday to provide comprehensive agricultural training and support to women farmers in India. This project has Reliance Retail as an exclusive retail partner, playing a crucial role in supporting and promoting ITC’s farming commitment. […]
Indian ecommerce giant Flipkart has been engaged in discussions in recent weeks regarding a potential acquisition of Dunzo, the hyperlocal delivery startup backed by Reliance Retail, according to media reports. However, complexities surrounding Dunzo’s ownership structure have reportedly posed challenges in finalising an acquisition deal, as per a media report. Despite these challenges, talks between […]
High-profile acquisitions, Apple’s foray and the blend of online and offline experiences redefine India’s retail landscape in 2023 As 2023 concluded, the retail landscape experienced substantial changes where high-profile acquisitions and divestments were seen reshaping the corporate landscape. With the arrival of tech giant Apple in India, the direct-to-consumer (D2C) platforms and brands embracing the […]
Fashion e-tailer AJIO, a part of Reliance Retail, has launched a D2C-focused content-driven interactive e-commerce platform AJIOGRAM. With this initiative, the e-tailer said it aims to empower Indian fashion startups that are “challenging the norms with their vision and innovative products”. AJIOGRAM, which can be accessed by switching stores within the AJIO app, aims to […]
Reliance Retail on Friday reported an 18.8 per cent year-on-year (YoY) rise in its gross revenue to Rs 77,148 crore for the quarter that ended 30 September 2023 compared to the last year at Rs 64,920 crore. The company reported a surge in revenues driven by robust growth across various consumption categories, with strong performances […]
Abu Dhabi Investment Authority is set to invest Rs 4,966.80 crore into Reliance Retail Ventures, acquiring a 0.59 per cent stake in the company, as confirmed by Reliance Industries on Friday. In a regulatory filing, Reliance Industries stated, “This investment values RRVL at a pre-money equity value of Rs 8.381 lakh crore (USD 100.83 billion), […]
Reliance Retail (RRVL), the retail arm of Reliance Industries, has successfully received the full subscription amount of Rs 2,069.50 crore from the global investment firm KKR and has allotted 1.71 crore equity shares. Following this share allotment, KKR’s shareholding in RRVL has increased to 1.42 per cent, up from the previous 1.17 per cent. In […]
